How much debt does this Chinese developer have? #realestate #shorts

China's most indebted real estate company, Evergrande, has a debt of 2.4 trillion yuan and isn't bankrupt. How much is 2.4 trillion? That's 2,400,000,000,000. It's equivalent to two times the GDP of Ukraine. It would take the world's highest-paid athlete, Portuguese soccer player Cristiano Ronaldo, 2,500 years to pay it off. But who does Evergrande owe the most money to? 60% is owed to banks and suppliers. Evergrande is just one of many Chinese developers with debt problems.

Watch my full video here: https://www.youtube.com/live/lh3L_6jHnWA?si=RhXCqSqpFdofyWKM
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